pacomartin
pacomartin
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January 14th, 2010 at 4:17:19 PM permalink
Just a point of curiosity. Hooters probably has the highest ratio of non-gaming to gaming revenue on the strip. It's pretty close to 3:1. But their gaming revenue is in the low $20 millions for the year. That is a fraction of most of the locals casinos.
- Such low revenue didn't justify the cost of the purchase of the building and the operating expenses. It was an expensive building to try and sell buffalo wings.
Wizard
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Wizard
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January 14th, 2010 at 4:51:08 PM permalink
I think they bought the building at a bad time, when business in Vegas was booming. It would not surprise me if that place goes the way of the dodo bird.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Croupier
Croupier
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January 14th, 2010 at 6:38:25 PM permalink
Hope it doest go that way before the end of June, got a coupon for $200 free slot play i was hoping to use.
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pacomartin
pacomartin
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January 24th, 2010 at 5:55:01 PM permalink
The small or old casinos around the Las Vegas strip cumulatively add up to a billion dollar a year business (gaming and non-gaming). Although dwarfed by the main resorts on the strip that is still a fairly big business. Only a handful of movies have ever made a billion dollars.

Hooters, Tropicana, Riviera, Sahara, Wild Wild West, Terribles, Ellis Island, Casino Royale, Tuscany, Causarina, Slots o Fun, Bill's Gaming Hall, and Hard Rock.

Actually Hard Rock should increase this year with all the improvements.
teddys
teddys
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January 24th, 2010 at 7:30:08 PM permalink
Quote: Croupier

Hope it doest go that way before the end of June, got a coupon for $200 free slot play i was hoping to use.



HA!

Those coupons are worthless...!
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
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